DE Liability Coverage
12-07-2010, 01:20 AM
#16
Racer
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Some DE event insurance specialists sell a seasonal policy as well as per event vehicle damage coverage. Some require the vehicle be street legal/registered while others do not. See the websites of the companies above and other insurers for details.
12-07-2010, 09:01 AM
#17
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Now, on a similar note (sorry for the "thread jack"), how would one go about insuring a track car that is not street legal, and hence, has not been registered? I bought "transit, storage and paddock" insurance for my Radical SR3 through PCA. It covers the trailer, my equipment, and the car, except while it's being driven "under it's own power". Is buying single-event HPDE insurance my only option?
Thanks in advance for your input.
Thanks in advance for your input.
12-07-2010, 11:21 AM
#18
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A worry for many, read the fine print . . .
I know of two in the last 2 years, were DE off's were covered by their auto insurance for street car incident on the track for a DE. 
I have also heard that this may result in an individual exclusion in your policy excluding future offs. I suspect the amount of the claim will have a big knee-jerk response from the carrier in how they try to handle it.
As others have said, read you policy very carefully. Look at the exclusions in your policy text for such statements under Exclusions, such as:
"used in any demolition, speed, racing, or stunting activity"
And one can point out that most polices give discounts for Driver Training, which is the stated philosophy of PCA Drive Education / Experience.
But like many have said, if you can't afford to write it off, then you probably shouldn't take it to the DE, especially in the advance run groups. In my very small sample size observation shows higher % of incidents occur in advance run groups (10/10s, flat out, etc.).
Your milage will very.
I have also heard that this may result in an individual exclusion in your policy excluding future offs. I suspect the amount of the claim will have a big knee-jerk response from the carrier in how they try to handle it.
As others have said, read you policy very carefully. Look at the exclusions in your policy text for such statements under Exclusions, such as:
"used in any demolition, speed, racing, or stunting activity"
And one can point out that most polices give discounts for Driver Training, which is the stated philosophy of PCA Drive Education / Experience.
But like many have said, if you can't afford to write it off, then you probably shouldn't take it to the DE, especially in the advance run groups. In my very small sample size observation shows higher % of incidents occur in advance run groups (10/10s, flat out, etc.).
Your milage will very.
12-07-2010, 04:49 PM
#19
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PCA and most other large car clubs (SCCA, etc) are well covered with respect to liability insurance. However as others have stated, a waiver does not mean someone cannot sue you. Anyone can sue you for anything anytime. You have to be legally represented at least long enough to get it thrown out.
But the thing that had me in a cold sweat was thinking about the events that are not put on by PCA. There are numerous open track days, "charity track days", member days, smaller organizations, etc. that may or may not be covered adequately. Those are the situations that worry me. What if I'm running at an open track day at XYZ raceway just for practice and I tangle up with another car and the other guy gets injured and sues me? Do I really know what kind of liability insurance (if any) protection I have? I know the track will have their own insurance to protect them, but what about covering my liability? These are the things that we should all look into before we run at any event or track. Especially if you are instructing where the blame on you (and hence liability) could be much greater.
But the thing that had me in a cold sweat was thinking about the events that are not put on by PCA. There are numerous open track days, "charity track days", member days, smaller organizations, etc. that may or may not be covered adequately. Those are the situations that worry me. What if I'm running at an open track day at XYZ raceway just for practice and I tangle up with another car and the other guy gets injured and sues me? Do I really know what kind of liability insurance (if any) protection I have? I know the track will have their own insurance to protect them, but what about covering my liability? These are the things that we should all look into before we run at any event or track. Especially if you are instructing where the blame on you (and hence liability) could be much greater.
